How the figures fit
The Bank of England and the Office for National Statistics describe some of these figures together.
Bank RateandTwo-year mortgage rate
When the Bank of England raises Bank Rate, banks usually raise what they charge on loans.
Two-year mortgage rateandHouse prices
The Bank of England says lower borrowing costs for a house tend to go with higher prices.
Inflation (CPI)andPay growth after inflation
Real regular pay is what is left of regular pay after price rises. ONS takes those rises off with CPIH, which includes the cost of owning a home. CPI leaves that cost out, so it is not the price rise taken off this pay.